Register Online - Add to Cart

Credits

Sponsored by Lorman Education
Product ID: 407432EAU
 
Credit & Course Provided by:

The Face of Compensation

OnDemand Webinar (91 minutes)

Understand the ever-changing landscape of employee compensation and how a pay audit can help identify and mitigate risks to the employer.Creating employee compensation packages is complex because it is shaped by federal statutes, state and local laws, industry norms and corporate culture. Employers do not always fully appreciate the risks posed by the compliance issues that go beyond minimum wage or the creative compensation solutions available to employers. This topic helps the persons responsible for employee compensation to understand the ever-changing landscape of employee compensation and how a pay audit can help identify and mitigate risks to the employer. The material also explains the mechanics of a pay audit, the benefits of conducting them proactively, and the current state of the law. Failing to understand the litigation risks and compliance concerns relating to employee compensation and pay disparity can negatively impact business operations. It can lead to additional taxes, hiring and retention issues, fines, court costs, and unfavorable settlements. This information is critical for employers so they can avoid unpleasant enforcement actions, adverse judgments, and the business losses associated with lowered employee morale and negative PR.

Authors

Angela M. Stockbridge, Wilkins Finston Friedman Law Group, LLP Allison S. Wallin, Raines Feldman LLP Lindsey A. White, Shawe Rosenthal, LLP

Agenda

Beyond the Basics of Compensation

• Not Just Salary Negotiations - Components and Creativity in Compensation Packages

• The Wage Gap(s) - Gender and Racial Disparity

• General Compliance Concerns - Federal Statutes and Regulations That Shape Compensation

Pay Audits

• Who Needs It and Why

• How Pay Audits Work

• When to Conduct a Pay Audit

Risk Mitigation - Avoiding the Headlines

• Legislative Updates

• Litigation Updates

• What the Future Holds for Compensation